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Krystal Integrated Services Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹715
Per Share
GMP
NIL
Grey Market
Est. Listing
₹715
Expected Price
Min. Application
₹28,600
2 lots × 20 shares
IPO Issue Details
Issue Price / Price Band₹715 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size20 Shares per Lot
Total Issue Size41,97,552 shares (aggregating up to ₹300.12 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenThu, 14 Mar 2024
Subscription CloseMon, 18 Mar 2024
Anchor AllotmentWed, 13 Mar 2024
Basis of AllotmentTue, 19 Mar 2024
Initiation of RefundsWed, 20 Mar 2024
Credit of Shares to DematWed, 20 Mar 2024
Listing DateThu, 21 Mar 2024
UPI Mandate Deadline2024-03-18
Application & Investment Details
Retail — Min (1 Lots)₹14,300 — 20 shares
Retail — Max (13 Lots)₹185,900 (13 Lots)
HNI — Min (14 Lots)₹2,00,200 — 280 shares
EPS (Pre-IPO)₹33.33
EPS (Post-IPO)₹29.42
P/E Ratio (Pre-IPO)21.45x
P/E Ratio (Post-IPO)24.3x
Pre-IPO Promoter Holding1,15,24,400 shares
Post-IPO Promoter Holding1,39,71,952 shares
Fresh Issue Shares24,47,552 shares (aggregating up to ₹175.00 Cr)
Offer for Sale Shares17,50,000 shares of ₹10 (aggregating up to ₹125.13 Cr)
About Krystal Integrated Services Ltd.

Incorporated in December 2000, Krystal Integrated Services Limited is a company that provides facilities management services. They offer a wide range of services such as housekeeping, sanitation, landscaping, gardening, mechanical, electrical and plumbing services, waste management, pest control, façade cleaning, and other services such as production support, warehouse management, and airport management.The company offers staffing, payroll management, private security, manned guarding, and catering services.As of March 31, 2023, the company served 134 hospitals, 224 schools, 2 airports, 4 railway stations, and 10 metro stations. They also offered catering on some trains.The company served 262 customers in 2021, 277 in 2022, and 326 in 2023.As of March 31, 2023, the company served 2,427 customer locations across 14 states and one union territory in India..As of March 31, 2023, the company has set up 21 branches to expand its geographical reach. The revenue from operations, total profit for the year (after tax), and EBITDA grew at a compound annual growth rate of 22.54%, 51.17%, and 34.56%, respectively, from Fiscal 2021 to Fiscal 2023. As of March 31st, 2023, the company has 31,881 employees working on-site in various operations.

Objects of the Issue

Krystal Integrated Services Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
Repayment/prepayment, in full or part, of certain borrowings availed of by the Company;
2
Funding working capital requirements of the Company;
3
Funding capital expenditure for the purchase of new machinery; and
4
General corporate purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,15,24,400 shares
Post-IPO Promoter Holding 1,39,71,952 shares
Lock-in Period (30%)April 18, 2024
Lock-in Period (50%)June 17, 2024
Check AllotmentCheck Status →
Krystal Integrated Services Ltd. — Live Price LIVE
₹715.00
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Issue ₹715.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹715
GMPNIL
Est. Listing₹715
Lot Size20 shares
Min Amount₹28,600
Listing Date21 Mar 2024
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹715
Listing Date21 Mar 2024
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 4,197,552 100.00% ₹300.12 Cr
* Based on ₹715.00 (upper price band)
Lot Size & Investment Details
Lot Size
20
Shares
Issue Price
₹715.00
Per Share
Min Investment
₹14,300
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 20 ₹14,300
Retail (Max) 13 260 ₹185,900
sNII (Min) 14 280 ₹200,200
bNII (Min) 70 1,400 ₹1,001,000
Company Financials — Restated Consolidated (Amount in Crore)
Particulars30 Sep 202331 Mar 202331 Mar 2022
Revenue from Operations 455.67 710.97 554.86
EBITDA N/A N/A N/A
Profit After Tax (PAT) 20.56 38.41 26.15
Net Worth 183.68 163.41 163.86
Total Assets 449.83 343.47 404.39
Reserves & Surplus 170.09 155.27 156.04
Total Borrowings 103.36 47.99 72.55
Key Ratios & Valuation
Issue Price ₹715
Face Value ₹10 Per Share
P/BV 4.49
RoE 11.71%
RoCE 16.97%
RoNW 11.21%
PAT Margin (%) 4.56%
EBITDA Margin (%) N/A
Debt / Equity 0.58
Company Details
Company
Krystal Integrated Services Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Krystal House 15A 17 Shivaji Fort CHS, Duncans Causeway Road, Mumbai –400022, Mumbai, Maharashtra
Book Running Lead Managers
Inga Ventures Pvt.Ltd.
Book Running Lead Manager (BRLM)